Civic Intelligence

Amgen Safety Net Foundation

990PF • Fiscal year 2022 • EIN 22-3850021

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 16, 2023

Organization Profile
One Amgen Center Dr MS 28-4-CThousand Oaks, CA 91320

(888) 762-6436

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2022 filings • $1B+ nonprofits • Source year 2022

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2022 filings • $1B+ nonprofits • Source year 2022

Net Margin

61st percentile

15%

Higher net margin than 61% of similar nonprofits.

2022 filings • $1B+ nonprofits • Source year 2022

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • $1B+ nonprofits • Source year 2022

Asset Growth

99th percentile

134%

Faster asset growth than 99% of similar nonprofits.

2022 filings • $1B+ nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

41%

Faster revenue growth than 93% of similar nonprofits.

2022 filings • $1B+ nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$701,155,087

Up $401,167,843 (+134%) from 2021

Net Assets

Up

$698,450,674

Up $403,518,444 (+137%) from 2021

Liabilities

Down

$2,704,413

Down $2,350,601 (-47%) from 2021

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin61st percentile

Revenue

Up

$2,686,439,473

Up $776,388,192 (+41%) from 2021

Expenses

Up

$2,282,921,029

Up $545,037,078 (+31%) from 2021

Net Income

Up

$403,518,444

Up $231,351,114 (+134%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2011: $14,096,744Liabilities 2011: $523,4952011Assets 2012: $14,092,899Liabilities 2012: $196,7722012Assets 2013: $17,880,042Liabilities 2013: $215,5392013Assets 2014: $17,839,785Liabilities 2014: $176,725Net Assets 2014: $17,663,0602014Assets 2015: $140,364,575Liabilities 2015: $552,869Net Assets 2015: $139,811,7062015Assets 2017: $314,323,616Liabilities 2017: $1,485,103Net Assets 2017: $312,838,5132017Assets 2018: $299,682,858Liabilities 2018: $12,006,320Net Assets 2018: $287,676,5382018Assets 2019: $251,535,095Liabilities 2019: $6,900,070Net Assets 2019: $244,635,0252019Assets 2020: $128,651,706Liabilities 2020: $5,886,806Net Assets 2020: $122,764,9002020Assets 2021: $299,987,244Liabilities 2021: $5,055,014Net Assets 2021: $294,932,2302021Assets 2022: $701,155,087Liabilities 2022: $2,704,413Net Assets 2022: $698,450,6742022Assets 2023: $542,252,699Liabilities 2023: $2,758,993Net Assets 2023: $539,493,7062023Assets 2024: $723,690,861Liabilities 2024: $4,214,380Net Assets 2024: $719,476,4812024

Highlighted filing

2022

Assets$701,155,087
Liabilities$2,704,413
Net Assets$698,450,674
Open 2022 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0B$2.0B$1.0B$0-$1.0BRevenue 2011: $84,450,843Expenses 2011: $83,649,262Net Income 2011: $801,5812011Revenue 2012: $93,942,050Expenses 2012: $93,619,172Net Income 2012: $322,8782012Revenue 2013: $107,178,678Expenses 2013: $103,410,302Net Income 2013: $3,768,3762013Revenue 2014: $96,129,834Expenses 2014: $96,131,277Net Income 2014: -$1,4432014Revenue 2015: $97,755,613Expenses 2015: $86,949,546Net Income 2015: $10,806,0672015Revenue 2017: $1,177,036,911Expenses 2017: $983,247,266Net Income 2017: $193,789,6452017Revenue 2018: $1,253,875,503Expenses 2018: $1,279,037,478Net Income 2018: -$25,161,9752018Revenue 2019: $1,446,479,948Expenses 2019: $1,489,521,461Net Income 2019: -$43,041,5132019Revenue 2020: $1,491,084,408Expenses 2020: $1,612,954,533Net Income 2020: -$121,870,1252020Revenue 2021: $1,910,051,281Expenses 2021: $1,737,883,951Net Income 2021: $172,167,3302021Revenue 2022: $2,686,439,473Expenses 2022: $2,282,921,029Net Income 2022: $403,518,4442022Revenue 2023: $2,412,331,981Expenses 2023: $2,571,288,949Net Income 2023: -$158,956,9682023Revenue 2024: $2,729,907,609Expenses 2024: $2,549,924,834Net Income 2024: $179,982,7752024

Highlighted filing

2022

Revenue$2,686,439,473
Expenses$2,282,921,029
Net Income$403,518,444
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 16, 2023
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay5th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
W BLAIR FIELDSPresident-$0--
J PAGE BUCHANANVice PresidentPT$0--
ALAN JAMIJIANTreasurer-$0--
DENNIS YAISecretary-$0--
ANDREA ROBINSONAsst. Secretary-$0--
ELAIN CLEARYDirector-$0--
DAVID COLLIERDirector-$0--
PAUL MOWADDirector-$0--
EMILY RAZAQIDirector-$0--
CASPER PARTOVIDirector-$0--
EMILY MASONDirector-$0--
MATT BUSCHDirector-$0--
JIM WILKINSONDirector-$0--
JENNIFER NORTONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Amgen Safety Net Foundation
EIN
22-3850021
Phone
8887626436
Address
One Amgen Center Dr MS 28-4-C, Thousand Oaks, CA 91320

Signing Officer

Name
Alan Jamijian
Title
Treasurer
Phone
8887626436
Signed
2023-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Foster Griffith and Allen Inc
Address
31351 VIA COLINAS SUITE 101, WESTLAKE VILLAGE, CA 91362
Preparer
Kyle Griffith
Phone
8188894740
Raw XML AppendixShowing 400 of 550 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt00
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt01500
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt08001
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0319
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RefundAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt08001
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt08320
IRS990PF/FMVAssetsEOYAmt0701155087
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IRS990PF/Form990PFBalanceSheetsGrp/PrepaidExpensesBOYAmt02220
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IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0582811
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt0130057
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt01913563
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt038271267
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt0RXC ACQUISITION COMPANY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt1REGALORX
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt2UPS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt3SONEXUS HEALTH ACCESS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt4360CX LLC
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1THOUSAND OAKS
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IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE PRIMARY FUNCTION OF AMGEN SAFETY NET FOUNDATION ("ASNF") IS TO PROVIDE POOR, INDIGENT AND FINANCIALLY DISTRESSED PATIENTS WITH ACCESS TO CERTAIN PRESCRIPTION DRUG THERAPIES THAT THEY COULD NOT OTHERWISE AFFORD. THE PRESCRIPTION DRUGS THAT ASNF DISTRIBUTES ARE PRODUCTS PRODUCED BY AMGEN INC. AND ITS AFFILIATES, AMGEN INC. AND ITS AFFILIATES CONTRIBUTE ALL DRUG PRODUCTS TO ASNF AT NO COST. (AMGEN INC. IS A GLOBAL BIOTECHNOLOGY COMPANY THAT DISCOVERS, DEVELOPS, MANUFACTURES AND MARKETS HUMAN THERAPEUTICS BASED ON ADVANCES IN CELLULAR AND MOLECULAR BIOLOGY.) IN PARTICULAR ASNF DISTRIBUTES ARANESP, EPOGEN, NEULASTA, N-PLATE, NEUPOGEN, PROLIA, XGEVA, SENSIPAR, VECTIBIX, CORLANOR, REPATHA, BLINCYTO, KYPROLIS, IMLYGIC, ENBREL, PARSABIV, AIMOVIG, EVENITY, KANJINTI, MVASI, AVSOLA, RIABNI, LUMAKRAS, OTEZLA AND TEZSPIRE.
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0TO OBTAIN AN APPLICATION OR TO INITIATE THE APPLICATION PROCESS, PLEASE VISIT THE AMGEN SAFETY NET FOUNDATION WEBSITE AT WWW.AMGENSAFETYNETFOUNDATION.COM. FAX COPIES OF THE APPLICATION ARE ACCEPTED. THE FAX NUMBERS ARE 1 (833) 959-1409 AND 1 (844) 465-1384.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0AMGEN SAFETY NET FOUNDATION
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum08884014931
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0ONE AMGEN CENTER DRIVE MS 28-4-C
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0THOUSAND OAKS
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd091320
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0IN GENERAL, APPLICANTS MUST: 1) BE A RESIDENT OF THE UNITED STATES. 2) DEMONSTRATE FINANCIAL NEED, WHICH IS BASED ON THE PATIENT'S ANNUAL HOUSEHOLD INCOME AS A MULTIPLE OF THE FEDERAL POVERTY LEVEL (FPL) AND FAMILY SIZE. 3) PROOF OF INCOME MAY BE REQUIRED. 4) IN ADDITION TO SATISFYING THE GENERAL ELIGIBILITY CRITERIA, AN APPLICANT MUST MEET ADDITIONAL CRITERIA WHICH ARE BASED ON INSURANCE COVERAGE STATUS.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt010001
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt02,000 PERSONAL HYGIENE KITS

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Filings

Displayed year

2022 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$701,155,087
Liabilities
$2,704,413
Net assets
$698,450,674
Revenue
$2,686,439,473
Expenses
$2,282,921,029
Net income
$403,518,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$724$4.21$719$2,730$2,550$180
2023Detailed filing. Detailed filing data is available for this year.$542$2.76$539$2,412$2,571$159
2022Detailed filing. Detailed filing data is available for this year.$701$2.70$698$2,686$2,283$404
2021Detailed filing. Detailed filing data is available for this year.$300$5.06$295$1,910$1,738$172
2020Detailed filing. Detailed filing data is available for this year.$129$5.89$123$1,491$1,613$122
2019Detailed filing. Detailed filing data is available for this year.$252$6.90$245$1,446$1,490$43.0
2018Detailed filing. Detailed filing data is available for this year.$300$12.0$288$1,254$1,279$25.2
2017Detailed filing. Detailed filing data is available for this year.$314$1.49$313$1,177$983$194
2015Detailed filing. Detailed filing data is available for this year.$140$0.55$140$97.8$86.9$10.8
2014Detailed filing. Detailed filing data is available for this year.$17.8$0.18$17.7$96.1$96.1$0.00
2013Summary only. Only limited summary data is available for this year.$17.9$0.22$107$103$3.77
2012Summary only. Only limited summary data is available for this year.$14.1$0.20$93.9$93.6$0.32
2011Summary only. Only limited summary data is available for this year.$14.1$0.52$84.5$83.6$0.80